If you had a call for 12/4 on slack with a strike of 36 you would’ve been up 61,200% - if only hahaha this is actually wild

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All the options that were never traded and had a premium of $.01 to $.05 per contract surge to premiums around $5-$6 on a stock surge like this, and that’s how you end up with these stupid returns that actually are accurate

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i posted this above. do you have terminal access? what was the actual last closing price

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 so moral of the story is each week we should throw $100 on way OTM weeklies for any takeover targets. 

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Actually the moral is just do it at random, it doesn’t have to be a takeover target. See SNOW...

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Think or Swim... TDA app

i think something is wrong with your bid-ask spread. i bet you’re on robinhood. it’s more like 10,000%

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Good point, but the opening price today was 7 cents. I’d you bought the option during yesterday’s trading session, it wasn’t at 7 cents.

How?

Did you see slack stock today

Yes. But I am still learning options. The % increase is baffling.

I do, but I’m not motivated enough to check that at this point in the evening haha

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Additional Posts in Option Traders & Investing

Anyone else think big end of day drop? Scary weekend to hold long through

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Might actually see the largest point drop in history on Monday.

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Hi, amateur question. Is there any difference tax wise on letting an option expire vs sell for nothing? I assume both are tax losses that you can compensate with gains in other options right? TIA

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A friend sent me this. Thought I'd share, but I can't attest to it's validity.

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Anyone in eBay? P/E ratio is ~7

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Here’s a point of reference on meme stocks for people who thinks it’s too late to get in or who think it’s close to peaking. Tesla: 948M outstanding shares; market cap: $837B. GameStop: 69.75M; market cap: $5.36B.

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Come on SOS. Lets hit $10

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Does Amc and gme close after today ?
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Kicking myself for not listening to the CNBC analysts pumping TLRY since the IPO. Up another 50% in premarket.

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For those who have been driving the daily thread posts (senior tax accountant / KPMG / etc) please DM me if interested in becoming a community leader for this bowl. I’ll put you in touch with Sam from Fishbowl. Thanks!

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Hi all. Is there a way to find out at what Greeks I opened a position? I opened options last month and I am trying to recall at which delta I bought my spreads. Thx!

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JMIA is insane. Why is it only popping in the last couple weeks?

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10/22 Thread (BC):

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crwd 4/17 $60 calls... you heard it here first

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What actual stocks you all buying today? Got some cash from settled trades I want to deploy

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How bout that Robinhood update

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8/3 Thread (General):

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What are some of your favorite strategies to use in VIX since it constantly decays? Bear call spread? Or is there something more profitable?

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All the wsb stocks are pretty badly hit in the after hour action. More speed to the retail investors tomorrow

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Well my $500 DOGE bet from yesterday is paying off 😂. This feels like people are just desperate for a bull market based on speculation.

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